FCA and IBA respond to ISDA® request to FSB for clarity in respect of implications of non-representative LIBOR | Practical Law

FCA and IBA respond to ISDA® request to FSB for clarity in respect of implications of non-representative LIBOR | Practical Law

Letters from the FCA and the ICE Benchmark Administration (IBA) to the International Swaps and Derivatives Association (ISDA®) in response to ISDA's request in a letter to the Financial Stability Board (FSB) for clarity from the FCA and IBA about the length of any "reasonable period" in which a non-representative LIBOR might be published before LIBOR's final cessation.

FCA and IBA respond to ISDA® request to FSB for clarity in respect of implications of non-representative LIBOR

Published on 24 Jan 2020International
Letters from the FCA and the ICE Benchmark Administration (IBA) to the International Swaps and Derivatives Association (ISDA®) in response to ISDA's request in a letter to the Financial Stability Board (FSB) for clarity from the FCA and IBA about the length of any "reasonable period" in which a non-representative LIBOR might be published before LIBOR's final cessation.